Nevada State Office
| Contacts: | JoLynn Worley | , 775-861-6515 | , jolynn_worley@blm.gov |
BLM Geothermal Sale Nets $456,000
Reno, Nev. — The Bureau of Land Management (BLM) generated $456,353 during a competitive geothermal lease sale lease sale held in Reno today, selling 17 parcels that comprised 42,627 acres.
A Churchill County parcel received the highest bid per acre at $60 and was also the highest bid for a parcel at $253,680 from Ormat Nevada, Inc., of Reno. Second highest bid was $29,370 by TGP Development Company LLC, San Diego, Calif., at $6 per acre for a 4,894-acre parcel in Mineral County.
The sale offered 51 parcels in Nevada totaling 151,119 acres. Of the 17 parcels sold, 12 were for $2 per acre. The 34 parcels not sold during the competitive bid sale will be available non-competitively on Wednesday for $2 per acre.
Parcels sold by county were four in Churchill, three in Esmeralda, three in Eureka, two in Mineral, and one each in Lyon, Lander, Elko, Humboldt and Washoe.
Additional sale information is posted on-line at: www.blm.gov/nv/.
The BLM manages more than 245 million acres of public land, the most of any Federal agency. This land, known as the National System of Public Lands, is primarily located in 12 Western states, including Alaska. The BLM also administers 700 million acres of sub-surface mineral estate throughout the nation. In Fiscal Year (FY) 2011, recreational and other activities on BLM-managed land contributed more than $130 billion to the U.S. economy and supported more than 600,000 American jobs. The Bureau is also one of a handful of agencies that collects more revenue than it spends. In FY 2012, nearly $5.7 billion will be generated on lands managed by the BLM, which operates on a $1.1 billion budget. The BLM's multiple-use mission is to sustain the health and productivity of the public lands for the use and enjoyment of present and future generations. The Bureau accomplishes this by managing such activities as outdoor recreation, livestock grazing, mineral development, and energy production, and by conserving natural, historical, cultural, and other resources on public lands.
Nevada State Office 1340 Financial Blvd. Reno NV 89502